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Wonderla Holidays Ltd. Company History and Annual Growth Details

The Company was originally incorporated as a private limited company in Bangalore, Karnataka under the Companies Act 1956 on November 18, 2002 under the name and style of ‘Wonderla Holidays Private Limited’. The amusement park in Kochi was set up under a public limited company incorporated under the Companies Act 1956 on February 3, 1998 under the name and style of ‘Veega Holidays and Parks Limited’, which was subsequently converted into a private limited company on July 4, 2001 under the name and style of ‘Veega Holidays and Parks Private Limited’. Pursuant to a scheme of amalgamation the erstwhile ‘Veega Holidays and Parks Private Limited’ was merged with the Company with effect from April 1, 2008. Pursuant to a resolution passed by our shareholders on January 3, 2013, the Company was converted into a public limited company on January 11, 2013 under the name and style of ‘Wonderla Holidays Limited’ and a fresh certificate of incorporation was issued on January 11, 2013 allotting the Company a fresh corporate identity number U55101KA2002PLC031224. The Registered Office and Corporate Office of the Company is situated at 28th KM, Mysore Road, Bangalore, Karnataka 562 109.

Awards and Accreditations

2001-02 - Wonderla Kochi was awarded the Kerala State Tourism Award by the Kerala State Tourism Department in the category of Award for Excellence in Tourism for the Individual/Agency who has implemented the Most Eco-Friendly Tourism Project.

2001 - Wonderla Kochi secured the First Place and was awarded the Certificate of Merit by Kerala State Pollution Control Board in the category Medium Scale Industries for making a substantial and sustained effort in pollution control in the year 2001.

2003-04 - Wonderla Kochi secured the First Position and was awarded the Certificate of Merit by the Kerala State Productivity Council among Service Organizations in the FACT-M.K.K. Nayar Memorial Productivity Competition.

2004-05 - Wonderla Kochi secured the Second Position and awarded the Certificate of Merit by the Kerala State Productivity Council among Service Organizations in the FACT-M.K.K. Nayar Memorial Productivity Competition.

2008 - Wonderla Kochi was awarded the National Award for Excellence by Indian Association of Amusement Parks & Industries in the categories:

1. Best Product Manufactured for the Dry Rides; and
2. Promotional Activity in Electronic Media.

2008-09 -

A)Wonderla Bangalore was named Winner and awarded the National Award Certificate for Excellence by Indian Association of Amusement Parks & Industries in the following categories:

1. Manufacturer - Innovative New Product for the ‘Hang Glider’;
2. Park Operators - Big City - Most Innovative Ride for the ‘Hang Glider’;
3. Park Operators - Big City - Innovative Promotional Activity Through Media; and
4. Park Operators - Big City - Total Number And Variety Of Rides.

(B) Wonderla Kochi was awarded the Kerala State Energy Conservation Commendation
Certificate by the Energy Management Centre - Kerala for commendable achievement
towards energy conservation and management in the category of Large Scale Energy
Consumers.

2009 - Wonderla Kochi was named Winner and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Park Operators - Small City - Most Innovative Ride for ‘Spinning’.

2009-10 - Wonderla Bangalore was named Winner and awarded the National Awards for Excellence by Indian Association of Amusement Parks & Industries in the category of Total Number And Variety Of Rides.

2010 - Wonderla Bangalore secured the First Place and was awarded the Certificate of Excellence by the Confederation of Indian Industry in the Small Scale category in CII Southern Region Excellence Award in Environment, Health and Safety.

2010-11 - Wonderla Kochi was awarded the State Tourism Award by the Department of Tourism,
Government of Kerala in the category of Best Tourist Destination in Kerala.

2011 - The Company was awarded the National Awards for Excellence by Indian Association of Amusement Parks & Industries in the following categories:

1. Winner in the category of Total Number And Variety Of Rides; and

2. Innovative Promotional Activity for its Radio Ad.

2011-12 - A). The Company was awarded the National Award for Excellence by Indian Association of Amusement Parks & Industries in the category of Wet Rides for ‘Rain Disco’.

B). Wonderla Kochi was awarded the State Tourism Award by the Department of Tourism, Government of Kerala in the category of Most Innovative use of Information Technology in the Field of Tourism.

2012 - Wonderla Kochi secured the Third Place and was awarded the Certificate of Merit by Kerala State Pollution Control Board in the category Other Institutions for making a substantial and sustained effort in pollution control in the year 2012.

2012-13

(A) Wonderla Bangalore was awarded the National Awards for Excellence by Indian Association of Amusement Parks & Industries in the following categories:

1. Winner in the category of Total Number And Variety Of Rides; and

2. Winner in the category of Special Award for Energy Saving by Using Solar Photo Voltaic Cells.

(B) Wonderla Kochi was named Winner and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Most Innovative Ride and Attractions.

C) The Company was named Winner and awarded the National Awards for Excellence by Indian Association of Amusement Parks & Industries in the category of Electronic Media, TV and Radio (Park Operators - Large Cities).

D) Wonderla Kochi was awarded the State Tourism Award by the Department of Tourism, Government of Kerala in the category of Best Tourist Destination in Kerala.

2013-14

(A) Wonderla Kochi was named Winner and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Total number and variety of rides.

(B) Wonderla Kochi was named Runner Up and awarded the National Award for Excellence by the Indian Association of Amusement Parks & Industries in the category of Print Media.

(C) Wonderla Bangalore was named Winner and awarded the National Awards for Excellence by Indian Association of Amusement Parks & Industries in the following categories:

1.Most Innovative Ride & attractions;

2. Dry Ride; and

3. Electronic Media TV Channel.

Major Events of the Company

2005 - The amusement park by the name ‘Wonderla’ began commercial operations in Bangalore, Karnataka

2008 - Wonderla Kochi and Wonderla Bangalore were certified by the Bureau Veritas Certification India) Private Limited for meeting the ISO 14001:2004 standards and the BS OHSAS 18001:2007 standards for the operation and maintenance of land and water based rides/attractions including related amenities

2009 - Pursuant to a scheme of amalgamation approved by the High Court of Karnataka and the High Court of Kerala through orders dated September 11, 2009 and September 25, 2009, respectively, the erstwhile ‘Veega Holidays and Parks Private Limited’ which owned and operated ‘Veegaland’, merged with the Company with effect from April 1, 2008 and consequently both our amusement parks are being operated under the name ‘Wonderla’.

2012 - Wonderla Resort was set up in Bangalore and began commercial operations

2013 - We completed acquisition of 49.57 acres of land in Ranga Reddy District of Andhra Pradesh to set up Wonderla Hyderabad.

2014
- Board recommended a Final Dividend of Rs. 1.50 per share (15%) .

2015

-Wonderla Holidays Ltd on Tuesday said it has entered into Memorandum of Understanding (MoU) with Andhra Pradesh Government to set up an Amusement park in Andhra Pradesh over a period of next four to five years.

2016
- Wonderla Holidays signs MoU with Karnataka Government.

2017
-WHL inaugurates latest attraction in Hyderabad. 

2019
-Wonderla gets nod for amusement park in Odisha.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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